Credit Rating- Revision

June 27, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400 001. Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. BSE Scrip Code No. 507880 NSE Symbol – VIPIND Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Revision in Credit Rating Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the credit rating company, Crisil Ratings Limited has revised the credit rating assigned to the Bank Facilities of the Company. The revision in rating is attributable to the financial performance of the Company. Total bank loan facilities rated Rs. 464 crore Long Term Rating Crisil A-/Negative (Downgraded from ‘Crisil A/Negative’) Short-term rating Crisil A2+ (Reaffirmed) There is no change in the short-term credit rating, which continues to remain the same as previously intimated by the Company vide its disclosure dated March 10, 2026. The credit rating letter issued by Crisil along with detailed rationale is available on the website of Crisil (https://www.crisilratings.com). You are requested to take the above information on your record. Thanking you, Yours faithfully, For V.I.P. INDUSTRIES LIMITED Rahul Poddar Chief Financial Officer Encl: As above Registered Office: DGP House, 5th Floor, 88C, Old Prabhadevi Road, Mumbai 400 025. INDIA. TEL: +91 (22) 66539000 FAX: +91 (22) 66539089, EMAIL: corpcomm@vipbags.com WEB: www.vipbags.com CIN - L25200MH1968PLC013914